Agritech Urea Plant Set to Resume Operations
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Detailed Report
Agritech Limited has announced that gas supply to its urea plant has been restored, allowing the company to resume operations.
In a disclosure to the Pakistan Stock Exchange, the company said that Sui Northern Gas Pipelines Limited has reinstated RLNG supply to the Agritech Urea Plant.
Following the restoration of gas supply, the company stated that operations at its urea production facility will restart accordingly. Agritech informed the exchange that the development was being disclosed under the relevant provisions of the Securities Act, 2015 and the PSX rulebook.
Agritech Limited is a Pakistan-based fertilizer manufacturer primarily engaged in the production and marketing of urea for the agriculture sector. The company operates a fertilizer plant located in Mianwali and supplies urea to farmers across the country to support crop productivity.
The company was formerly known as Pak American Fertilizers and later Pak American Fertilizers Limited before being restructured and rebranded as Agritech Limited.
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